Covalent Partners LLC Hedge Fund

CIK: 0001531611 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 14, 2022

Total Value ($000): $118,008 (88.1% shares, 11.9% debt)

Holdings (64)

IWM ISHARES TR RUSSELL 2000 17.9%
Value ($000) $21,133 Shares 95,000 Est. Cost Unrealized
USO UNITED STS OIL FD LP UNITS 10.6%
Value ($000) $12,503 Shares 230,000 Est. Cost Unrealized
AMC ENTMT HLDGS INC 6.9%
Value ($000) $8,160 Shares 300,000 Est. Cost Unrealized
GLD SPDR GOLD TR GOLD 4.9%
Value ($000) $5,727 Shares 33,500 Est. Cost Unrealized
UFPI UFP INDUSTRIES INC 4.7%
Value ($000) $5,521 Shares 60,000 Est. Cost $60.60 Unrealized +38.8%
COPA HOLDINGS SA 4.5%
Value ($000) $5,256 Shares 3,000,000 Est. Cost $1.75 Unrealized
DAL DELTA AIR LINES INC DEL 4.1%
Value ($000) $4,807 Shares 123,000 Est. Cost $32.81 Unrealized +18.7%
DHI D R HORTON INC 3.8%
Value ($000) $4,446 Shares 41,000 Est. Cost $80.87 Unrealized +14.1%
NCL CORP LTD 3.6%
Value ($000) $4,260 Shares 3,000,000 Est. Cost $1.42 Unrealized
HAL HALLIBURTON CO 2.8%
Value ($000) $3,328 Shares 145,500 Est. Cost Unrealized
BYD BOYD GAMING CORP 2.8%
Value ($000) $3,279 Shares 50,000 Est. Cost $59.44 Unrealized +2.4%
CORNERSTONE BLDG BRANDS INC 2.7%
Value ($000) $3,226 Shares 185,000 Est. Cost $9.77 Unrealized
SOUTHWEST AIRLS CO 2.3%
Value ($000) $2,666 Shares 2,000,000 Est. Cost $1.33 Unrealized
MVBF MVB FINL CORP 1.9%
Value ($000) $2,284 Shares 55,000 Est. Cost $19.51 Unrealized +92.0%
HP HELMERICH & PAYNE INC 1.9%
Value ($000) $2,204 Shares 93,000 Est. Cost $28.10 Unrealized +1.4%
CHURCHILL CAPITAL CORP VI 1.7%
Value ($000) $1,956 Shares 200,000 Est. Cost $9.86 Unrealized
ATLAS CREST INVESTMENT CORP 1.6%
Value ($000) $1,946 Shares 200,000 Est. Cost $9.75 Unrealized
AFRICAN GOLD ACQUISITION COR 1.6%
Value ($000) $1,936 Shares 200,000 Est. Cost $9.57 Unrealized
WORKDAY INC 1.6%
Value ($000) $1,860 Shares 1,000,000 Est. Cost $1.31 Unrealized
BBCP CONCRETE PUMPING HLDGS INC 1.6%
Value ($000) $1,845 Shares 225,000 Est. Cost $5.32 Unrealized +42.4%
THE MUSIC ACQUISITION CORP 1.4%
Value ($000) $1,708 Shares 175,000 Est. Cost $9.79 Unrealized
HOWARD HUGHES CORP 1.4%
Value ($000) $1,628 Shares 16,000 Est. Cost $95.13 Unrealized
COVA ACQUISITION CORP CL A 1.2%
Value ($000) $1,464 Shares 150,000 Est. Cost $9.69 Unrealized
SKYDECK ACQUISITION CORP CLASS A ORD 1.1%
Value ($000) $1,351 Shares 137,700 Est. Cost $9.69 Unrealized
NEXTIER OILFIELD SOLUTIONS 1.1%
Value ($000) $1,331 Shares 375,000 Est. Cost $3.52 Unrealized
LUV SOUTHWEST AIRLS CO 0.9%
Value ($000) $1,071 Shares 25,000 Est. Cost $43.68 Unrealized 0.0%
SILVER SPIKE ACQUISITN CORP CLASS A ORD 0.9%
Value ($000) $1,069 Shares 110,000 Est. Cost $9.75 Unrealized
TZP STRATEGIES ACQUISTN CORP CL A 0.9%
Value ($000) $1,026 Shares 105,000 Est. Cost $9.71 Unrealized
B RILEY PRINCIPAL 150 MERGER 0.9%
Value ($000) $1,012 Shares 100,000 Est. Cost $9.75 Unrealized
CCL CARNIVAL CORP 0.9%
Value ($000) $1,006 Shares 50,000 Est. Cost $18.51 Unrealized +15.6%
EVO ACQUISITION CORP 0.8%
Value ($000) $970 Shares 100,000 Est. Cost $9.70 Unrealized
CRC CALIFORNIA RES CORP 0.7%
Value ($000) $810 Shares 18,974 Est. Cost $16.48 Unrealized +133.4%
MONUMENT CIRCLE ACQUISITN CO 0.6%
Value ($000) $732 Shares 75,000 Est. Cost $9.63 Unrealized
SILVER CREST ACQUISITION COR CL A 0.6%
Value ($000) $687 Shares 70,000 Est. Cost $9.70 Unrealized
CENTENNIAL RESOURCE DEV INC 0.5%
Value ($000) $598 Shares 100,000 Est. Cost $13.81 Unrealized
CRYPTO 1 ACQUISITION CORP 0.4%
Value ($000) $505 Shares 50,000 Est. Cost $10.10 Unrealized
ITHAX ACQUISITION CORP CL A 0.4%
Value ($000) $491 Shares 50,000 Est. Cost $9.76 Unrealized
PDEX PRO-DEX INC COLO 0.4%
Value ($000) $464 Shares 20,000 Est. Cost $28.45 Unrealized -15.8%
AEAE ALTENERGY ACQUISITION CORP 0.4%
Value ($000) $443 Shares 45,000 Est. Cost $9.90 Unrealized 0.0%
GTIM GOOD TIMES RESTAURANTS INC 0.2%
Value ($000) $197 Shares 45,500 Est. Cost $4.76 Unrealized 0.0%
CIPHER MINING INC 0.1%
Value ($000) $113 Shares 100,000 Est. Cost $2.28 Unrealized
EVTWF VERTICAL AEROSPACE LTD 0.1%
Value ($000) $112 Shares 164,100 Est. Cost $0.68 Unrealized
NE1USD NOBLE CORP NEW 0.1%
Value ($000) $111 Shares 4,475 Est. Cost $24.80 Unrealized
COIN COINBASE GLOBAL INC 0.1%
Value ($000) $101 Shares 400 Est. Cost $259.62 Unrealized +12.0%
B RILEY PRINCIPAL 150 MERGER 0.1%
Value ($000) $94 Shares 65,000 Est. Cost $1.19 Unrealized
AFRICAN GOLD ACQUISITION COR 0.1%
Value ($000) $92 Shares 187,500 Est. Cost $0.48 Unrealized
SILVER CREST ACQUISITION COR 0.1%
Value ($000) $67 Shares 110,000 Est. Cost $0.52 Unrealized
ATLAS CREST INVESTMENT CORP 0.0%
Value ($000) $56 Shares 68,294 Est. Cost $1.13 Unrealized
LUMIRADX LIMITED 0.0%
Value ($000) $50 Shares 27,500 Est. Cost $1.16 Unrealized
THE MUSIC ACQUISITION CORP 0.0%
Value ($000) $49 Shares 87,500 Est. Cost $0.61 Unrealized
CHURCHILL CAPITAL CORP VI 0.0%
Value ($000) $41 Shares 40,000 Est. Cost $1.40 Unrealized
SKYDECK ACQUISITION CORP 0.0%
Value ($000) $38 Shares 45,900 Est. Cost $0.74 Unrealized
COVA ACQUISITION CORP 0.0%
Value ($000) $37 Shares 75,000 Est. Cost $0.89 Unrealized
EVO ACQUISITION CORP 0.0%
Value ($000) $24 Shares 50,000 Est. Cost $0.62 Unrealized
SILVER SPIKE ACQUISITN CORP 0.0%
Value ($000) $24 Shares 27,500 Est. Cost $1.35 Unrealized
MONUMENT CIRCLE ACQUISITN CO 0.0%
Value ($000) $19 Shares 37,500 Est. Cost $0.51 Unrealized
TZP STRATEGIES ACQUISTN CORP 0.0%
Value ($000) $18 Shares 35,000 Est. Cost $0.60 Unrealized
NOVUS CAPITAL CORPORATION II 0.0%
Value ($000) $13 Shares 10,000 Est. Cost $1.20 Unrealized
AEAEW ALTENERGY ACQUISITION CORP 0.0%
Value ($000) $13 Shares 22,500 Est. Cost $0.58 Unrealized
ITHAX ACQUISITION CORP 0.0%
Value ($000) $13 Shares 25,000 Est. Cost $0.84 Unrealized
FTAC ATHENA ACQUISITION CORP 0.0%
Value ($000) $8 Shares 6,700 Est. Cost $1.52 Unrealized
EDIFY ACQUISITION CORP 0.0%
Value ($000) $7 Shares 15,000 Est. Cost $0.53 Unrealized
FUSION ACQUISITION CORP II 0.0%
Value ($000) $2 Shares 4,000 Est. Cost $1.00 Unrealized
ROIVANT SCIENCES LTD 0.0%
Value ($000) $0 Shares 100,000 Est. Cost Unrealized